The Board of Directors of AOKI Holdings approved a resolution on January 10, 2023 to make following changes in its directors and executive officers. Change in director's responsibilities (effective January 11, 2023): Name: Norio Terui; New position: Executive Vice President in charge of Group Human Resources and Systems; Current position: Executive Vice President in charge of Group IT Systems. Newly appointed executive officer (effective January 11, 2023): Nobuyuki Tachikawa as Executive Officer in charge of Corporate Planning. Mr. Tachikawa serves as director of consolidated subsidiary AOKI Inc.